Japanese tech giant Sony is prepping on raising the production of its PlayStation 5 (PS5) gaming console along with expanding its games portfolio as well.
The announcement arrives as the issues with the supply chain subsides, reports GizmoChina.
Despite the PS5 console launching back in November 2020, the tech giant has been struggling with its production due to the ongoing global chip shortage and other supply constraint issues.
"We are planning for heavy further increases in console production, taking us to production levels that we have never achieved before," Sony Interactive Entertainment CEO Jim Ryan, was quoted as saying.
This news arrives despite the Covid-19 lockdowns in China, but the executive stated that "things are definitely improving".
The brand has also projected that the sales of PS5 hit 18 million units in the financial year-end in March compared to 11.5 million units a year earlier.
The company has also announced that half of its game releases will be on PC and mobile by 2025.
A chart shown during the presentation, on annual investor day, suggested that this would be a major increase from its releases this year, when around a quarter of the company's releases will be on PC and mobile, with the remainder split between its PlayStation 4 and PlayStation 5 consoles
--IANS
vc/ksk/
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
Sony prepares to increase PS5 production, plans games portfolio expansion - Business Standard
Read More
No comments:
Post a Comment